Bank · FDIC insured
First State Bank of Red Wing CD Rates
First State Bank of Red Wing’s best CD rate is 3.55% APY on a 6-month CD. Terms run from 3 months to 6 years. Rates checked October 16, 2026.
How First State Bank of Red Wing’s CD rates compare
Compared with banks and credit unions near Rochester, MN, where First State Bank of Red Wing has the most branches. $10,000, best rate first.
This bank’s best
First State Bank of Red Wing
3.55%APY
- Term
- 6 months
- Minimum
- $500
- Earns on $10,000
- $176
Certificates of Deposit
Top rate
Altra Federal Credit Union
4.75%APY
- Term
- 30 months
- Minimum
- $1,000
- Earns on $10,000
- $1,230
2nd-highest rate
Blaze Credit Union
4.60%APY
- Term
- 72 months
- Minimum
- $10,000
- Earns on $10,000
- $3,098
First State Bank of Red Wing CD score
70
CD score
Higher than 26% of U.S. banks and credit unions
- 3–8 months3–8 mo3.55%
- 9–15 months9–15 mo3.20%
- 16–30 months16–30 mo3.00%
- 31–60 months31–60 mo2.10%
- QualifiedQualified3.55%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where First State Bank of Red Wing ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Certificates of Deposit
Up to 3.55%APY · 8 terms
Requires a $500.00 deposit to open and obtain the APY. An early withdrawal penalty may be imposed. APY assumes interest remains on deposit until maturity; withdrawals reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsEarly withdrawal penalty may apply. APY assumes interest remains on deposit until maturity | 0.70% | $17 |
| 6 monthsEarly withdrawal penalty may apply. APY assumes interest remains on deposit until maturity | 3.55% | $176 |
| 12 monthsEarly withdrawal penalty may apply. APY assumes interest remains on deposit until maturity | 3.20% | $320 |
| 24 monthsEarly withdrawal penalty may apply. APY assumes interest remains on deposit until maturity | 3.00% | $609 |
| 36 monthsEarly withdrawal penalty may apply. APY assumes interest remains on deposit until maturity | 2.10% | $643 |
| 48 monthsEarly withdrawal penalty may apply. APY assumes interest remains on deposit until maturity | 2.00% | $824 |
| 60 monthsEarly withdrawal penalty may apply. APY assumes interest remains on deposit until maturity | 1.60% | $826 |
| 72 monthsEarly withdrawal penalty may apply. APY assumes interest remains on deposit until maturity | 1.40% | $870 |
Sources (1)
- firststatebankredwing.com/rates · captured Sep 18, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.